News Room

The UHT May Be Cancelled, But Vacancy Taxes Remain

As tax professionals, you are keenly aware of the constant changes our federal government makes to the Income Tax Act. Adjustments are made, and you must adapt. Not often, though, is a tax eliminated altogether. But in the case of the Underused Housing Tax (UHT), that is exactly what has happened – it was cancelled in the federal budget of November 4, 2025, but Canada’s underused housing taxes have not been eliminated. Here’s what you need to know for tax season 2026.

It’s Cheaper to Drive in Alberta!

CRA recently published the prescribed allowable mileage rates for simplified travel deductions and determined that it was cheaper to drive in Alberta in 2014 than the previous year. 

TD1: Important for New Employees

2015 TD1, Personal Tax Credit Return and T1213, Request to Reduce Tax Deductions at Source for Year(s) ___

Don’t Miss It: Professional T1 Tax Update January 20 - 23

Secure your spot at the Knowledge Bureau’s Comprehensive Day Long Tax Update!  

DAC 2015 is Heading to Puerto Vallarta, Mexico

The Westin Resort and Spa has just been announced as the venue for Distinguished Advisors Conference (DAC) 2015!

T2 Micro Course Graduate Highlight: Maria Cannizzaro

According to Maria Cannizzaro of Montreal, PQ, the T2 Corporate Tax Preparation for Micro Business Course taken with Knowledge Bureau is the “most exciting and motivating course” she has ever taken.

Taking Financial Care To The Next Level

What inspires you to set the principles and goals that will guide your achievements in 2015 and redefine your professionalism?
 
 
 
Knowledge Bureau Poll Question

Do you agree with the government’s plan to introduce the new Canada Groceries Essentials Benefit (CGEB)?

  • Yes
    25 votes
    33.33%
  • No
    50 votes
    66.67%